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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

WASHINGTON (MarketWatch)Financial markets may take in stride any decision by
the Federal Reserve to step back from its asset purchase program, said Richard
Fisher, the president of the Dallas Fed Bank, on Thursday"It may be
much less disruptive" than when the Fed first floated the idea of tapering,
Fisher said in an interview on CNBC"We have begun to socialize the idea...that
there is no such thing as QE infinity," Fisher said"The markets have begun to
digest it-- the yield curve has become steeper. I think it has begun to be
discounted in the market," he saidFisher said that speeches by several Fed
officials in the past week show that "we're all singing from the same songbook,"
he saidThe economy is on the mend and, assuming the data keeps moving in the
direction it has been going, it will be timely for the Fed to dial back on asset
purchases, he saidFisher has said he favors a September start to tapering but
the timing was undecided"That will have to be hammered out in the committee at
the appropriate time," he added

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WASHINGTON (MarketWatch) -- The Federal Reserve chairman should hold a press conference in October and all of the other seven policy-making committee meetings in a year, said James Bullard, the president of the St. Louis Fed Bank, on Wednesday. October is important to Bullard because he has suggested that September may be too early for the Fed to taper its $85 billion asset purchase program. In remarks at the Louisville, Ky. branch of his regional bank, Bullard said that the Fed "should make all meetings ex ante identical so that key decisions can be made at any juncture." He repeated that the central bank needs to see more data on the economic performance for the second half of 2013 before deciding to slow down the $85 billion-per month asset purchase plan. Bullard is a voting member of the Fed's policy-making committee this year